INDIANAPOLIS — Andretti Global, the parent company of Andretti Autosport, broke ground on its new 575,000-square-foot global racing and technology headquarters in Fishers, Ind., on Tuesday.
Andretti Global Chairman and CEO Michael Andretti was joined by Indiana Governor Eric J. Holcomb, Indiana Secretary of Commerce Brad Chambers and City of Fishers Mayor Scott Fadness in kicking off construction on the 90-acre collaborative campus alongside the Indianapolis Metropolitan Airport.
The state-of-the-art facility is set to open in 2025 and will add up to 500 jobs to the local community by early 2026. Cutting-edge technology will be used to optimize the performance of the campus and to create an environment that encourages the best from employees.
“Indiana has long been the racing capital of the world and Andretti Autosport’s commitment to growth here will only further cement our state’s leadership position in Motorsports and STEM-related pursuits,” Holcomb said. “This new campus will not only bring new, exciting employment opportunities and serve as an asset for one of our fastest-growing communities, but it will also show just how much this living legacy, one of the most globally iconic brands known, continues to invest in the future of our great state.”
The new facility will serve as the headquarters of day-to-day operations for Andretti’s current NTT IndyCar Series, INDY NXT (formerly Indy Lights) and IMSA programs, global commercial functions of Andretti Formula E and Andretti Extreme E, and the advanced research and development business of Andretti Technologies.
The team, led by Michael Andretti, currently operates worldwide in seven racing championships and focuses in eight different categories of motorsport with 17 full-time drivers. Andretti first became a team owner in 2003 after retiring from his full-time driving career.
Nearly two decades later, Andretti has built a diverse, global enterprise competing at the highest levels of motorsport and reaching all five habitable continents. In his time as a team owner, Andretti has collected 17 championship titles and 257 race wins — including five Indianapolis 500 victories, victory at the Bathurst 1000, a Sebring 12 Hour title and wins in the ABB FIA Formula E World Championship and Extreme E series.
“The planning of our new global headquarters has been an exciting process, and we’re happy to be breaking ground and have steps underway to see our plans come to life. Indiana has been home to the Andretti organization for many years, and we’re thrilled to enhance our commitment to this state that has been so supportive of the entire motorsports industry. The Fishers community has been very welcoming, and it was great to see so many of our supporters and neighbors join us today as we continue to write our history,” Andretti said.
Construction on the new facility will begin immediately.
Andretti is working closely with hometown contractor Dale Dillon and his Indiana-based Dillon Construction Group along with Studio M Architecture & Planning. Also supporting the project are Bradford Allen, Ridge & Partners LLP and Dimensional Innovations.
The Indiana Economic Development Corporation (IEDC) will commit an investment in Andretti Autosport of up to $19 million in the form of conditional tax credits and up to $125,000 in training grants based on the company’s plans to invest in its Indiana operations.
The city of Fishers has approved additional incentives.
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